Tokenando Indices

Is AI getting cheaper? We measure it every day.

Daily price indices for AI: what tokens actually cost by lab and by model tier, and what GPUs cost to rent. Every rule is published, and once a day is settled its numbers never change.

Latest settled day 2026-10-09 · methodology v1.6.0 · page generated 2026-10-10 06:22 UTC

Today's numbers

AI token prices and GPU prices, settled daily

The latest settled price for every lab and GPU we track. GPU prices are offered rental prices.

Token prices by lab (TTPI) →

LabPriceΔ daySettled
Anthropic$0.938/1M tokens-5.08%2026-10-09
xAI$0.818/1M tokens+0.58%2026-10-09
Moonshot AI$0.637/1M tokens-2.74%2026-10-09
Google$0.451/1M tokens+0.05%2026-10-09
OpenAI$0.326/1M tokens-4.72%2026-10-09
Qwen$0.214/1M tokens+0.75%2026-10-09
Meta$0.181/1M tokens+0.05%2026-10-09
Z.ai (Zhipu)$0.143/1M tokens-2.98%2026-10-09
Mistral$0.126/1M tokens+6.92%2026-10-09
DeepSeek$0.049/1M tokens-0.01%2026-10-09
MiniMax$0.029/1M tokens-3.64%2026-10-09
Tencent$0.013/1M tokens-0.07%2026-10-09

GPU-hour prices (TCPI) →

GPUPriceΔ daySettled
B200$7.81/GPU-hr+5.72%2026-10-09
H200$5.00/GPU-hr+1.24%2026-10-09
H100 SXM$2.94/GPU-hr+5.96%2026-10-09
H100 PCIe$2.73/GPU-hr-4.64%2026-10-09
A100 SXM4$1.50/GPU-hr0.00%2026-10-09
RTX 5090$0.650/GPU-hr0.00%2026-10-09
RTX 4090$0.456/GPU-hr+2.84%2026-10-09

Token prices by model tier (TPPI) →

TierPriceΔ daySettled
Frontier$2.23/1M tokens+18.13%2026-10-09
Production$0.855/1M tokens-2.31%2026-10-09
Everyday$0.601/1M tokens-0.17%2026-10-09
Open flagship$0.318/1M tokens-1.50%2026-10-09
Fast & Quick$0.263/1M tokens-12.55%2026-10-09
Value$0.051/1M tokens-0.68%2026-10-09

How it works

Simple rules, published in full

  1. 01

    Collect

    Every day we record token prices from AI labs and rental prices for GPUs from marketplaces and clouds. Every source is named.

  2. 02

    Combine

    Prices are weighted by real usage and summarised with published rules. If coverage is too thin, a series is dropped for the day, never estimated.

  3. 03

    Settle

    Each day settles at 06:00 UTC the next morning, so the numbers describe a full, finished day.

  4. 04

    Freeze

    Settled values are never edited. If a rule changes, it ships as a new methodology version with a changelog.

Questions

What is a price index?

A single number that tracks the price of something over time, the way a consumer price index tracks everyday goods. Tokenando does this for AI: what tokens actually cost by lab (TTPI) and by class of model across labs (TPPI), and the price of renting GPUs (TCPI).

Why are the numbers in dollars, not points?

So they can be read directly. TTPI and TPPI are dollars per million tokens, and TCPI is dollars per GPU-hour. The headline token prices are what buyers actually paid, after caching discounts; list-price series sit beside them for comparison.

Where does the data come from?

Token prices and usage weights come from OpenRouter. GPU rental prices come from Vast.ai, RunPod and Shadeform. Further sources are captured daily for validation, from Vercel’s AI Gateway to AWS and Azure regional price lists. The methodology lists every source and rule.

How often are the indices updated?

Once a day. Each day settles at 06:00 UTC the following morning, and a settled value is never edited afterwards.

Is this financial advice?

No. The indices are informational reference data, not financial products, price quotes or investment advice. GPU prices are offered prices, labelled as such.

Use the numbers

The latest settled values are available as JSON, free and without an API key.

GET /api/v1/ttpi?lab=deepseek

Tokenando indices are informational reference data, not financial products, price quotes, or investment advice. Offered prices are labeled offered; sources, weights, and exclusion rules are fully disclosed in the methodology. Settled values are immutable; corrections ship as new methodology versions, never as silent edits.